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(Mandel Ngan/AFP/Getty Images)
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CMS Administrator Seema Verma said the “Medicare for all” idea being pushed by some Democrats would decimate doctor networks and create a permanent physician shortage because the program doesn’t cover full health care provider costs. “Under ‘Medicare for all,’ you either take private insurance away from those 170 million Americans, or greatly restrict access to it, meaning there is no relief valve for physicians facing up to 40% payment cuts,” Verma told attendees at AHIP’s Medicare conference in Washington.
Kaiser Health News (10/16), Modern Healthcare (tiered subscription model) (10/16)